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Meet the ex-fighter pilot who runs the top-performing hedge fund in the world
What does it take be manager of the best-returning hedge fund in the world? For Ralph Kruger, the Arcstone Capital managing director who holds that title, the answer is courage and independence. Kruger, who took the No. 1 spot in 2014 with a 225% annual return, according to hedge fund researcher Preqin, spent seven years in the Air Force and flew for American Airlines as captain of a Boeing 767 before turning to finance. "If you get it wrong, there's no one around" to blame, he told Business Insider. "If you're a fighter pilot, you're pretty independent anyway." Today, Kruger splits his time between Mauritius, ... (full story)
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